Word: trade
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Dates: during 1950-1959
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...supporter as Vermont's venerable George Aiken has publicly turned on Benson and his works. More worried about such a simple political issue as rising unemployment than anything else, many an Atlantic Seaboard legislator will fight Ike's program for a five-year renewal of the reciprocal trade agreement act. (G.O.P. leaders have told him he will be lucky to get three years.) Such reclamation-conscious Senators as Minnesota's Thye and California's Knowland are balking at Ike's proposal for a moratorium on reclamation projects to help keep the budget in balance...
...demand of subject peoples for freedom of thought and freedom to buy more consumer goods. This is why the U.S. has been trying to base its cold war policies upon 1) "everpresent and ever-alert retaliatory power to deter Soviet aggression," 2) political-economic aid and beefed-up world trade. 3) the exportable and basic meanings of the U.S. way of life. "It is up to us to make our freedom so rich, so dynamic, so self-disciplined that its values will be beyond dispute and its influence become so penetrating as to shorten the life expectancy of Communist imperialism...
...ineffectual in the House of Commons since their defeat, showed signs of reviving confidence. In a noisy three-day convention watched by a nationwide TV audience of millions, speakers hotly accused Tory Prime Minister John Diefenbaker of antagonizing Canada's best customer, the U.S., with talk of diverting trade to Britain. The speakers linked the Conservatives' trade policies with Canada's economic slowdown and fast-rising unemployment...
Help in Sight. Because Soviet-bloc trade with Latin America is still small ($220 million last year) and the trade offensive is still more promise than deed, Washington is keeping cool-but thinking hard about the future. U.S. officials still argue that direct loans to state oil monopolies would be an invitation for other governments to expropriate' U.S.-owned oil companies all over the world. "I am convinced of the advantages of free, competitive enterprise in the oil business," explains a high presidential adviser. "But when my judgment is asked in Washington, I shall say that I believe...
...tariffs, President Eisenhower last week asked for a five-year extension of the U.S. trade agreements act "with broadened authority to negotiate." In the specific case of lead and zinc tariffs, which within the law Ike could raise, Washington heard that the White House has quietly shelved its intention to give the U.S. mining industry that kind of relief. But the general level of tariffs is mainly up to Congress, struggling with its conscience and its lobbies...